Abbreviated Company Accounts - EASTWARD LTD

Abbreviated Company Accounts - EASTWARD LTD


Registered Number 04229795

EASTWARD LTD

Abbreviated Accounts

30 April 2016

EASTWARD LTD Registered Number 04229795

Abbreviated Balance Sheet as at 30 April 2016

Notes 2016 2015
£ £
Current assets
Debtors 66,378 121,648
Cash at bank and in hand 4,532 4,065
70,910 125,713
Creditors: amounts falling due within one year (4,952) (25,777)
Net current assets (liabilities) 65,958 99,936
Total assets less current liabilities 65,958 99,936
Creditors: amounts falling due after more than one year 0 (33,878)
Total net assets (liabilities) 65,958 66,058
Capital and reserves
Called up share capital 2 65,000 65,000
Profit and loss account 958 1,058
Shareholders' funds 65,958 66,058
  • For the year ending 30 April 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 26 January 2017

And signed on their behalf by:
Mr P Robertson, Director

EASTWARD LTD Registered Number 04229795

Notes to the Abbreviated Accounts for the period ended 30 April 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective January 2015.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year,
exclusive of Value Added Tax.

All sales were within the United Kingdom.

Intangible assets amortisation policy
All fixed assets are initially recorded at cost.

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value,
over the useful economic life of that asset as follows:
Goodwill - 10% straight line

2Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
65,000 Ordinary shares of £1 each 65,000 65,000